Standard Deduction Resources and More...
Standard Deduction and Itemized Deductions
Make the most of your tax deductions. Take the larger of your standard deduction or your itemized deductions. Find a handy list of tax deductions so you can maximize your itemized deductions. Information and advice for handling limitations to deducti...(Continue Reading)
All About Deductions: Standard Deduction vs. Itemized Deductions
Make the most of your tax deductions. Take the larger of your standard deduction or your itemized deductions. Here are the standard deduction figures for 2004: Single $4,850 Married Filing Jointly $9,700 Married Filing Separately $4,850* Head of Hous...(Continue Reading)
Personal Exemptions and Standard Deduction Increase for 2006 Tax Year
The IRS announced changes in various inflation-related tax benefits for the 2006 tax year. The following changes will apply to 2006 returns filed in 2007: Personal exemption for yourself, spouse, and dependents, increased to $3,300. Standard deductio...(Continue Reading)
Most People Use the Standard Deduction
You can always use the higher of your standard deduction or itemized deductions. Most people are better off taking the standard deduction. Find out the 2004 standard deduction for every filing status.......(Continue Reading)
Tax Deductions & Figuring Your Tax - Preparing Your 1040 Step 6
Make the most of your tax deductions. Take the larger of your standard deduction or your itemized deductions. Tips for figuring your tax liability....(Continue Reading)
Reduce Your Income Taxes by Itemizing Deductions
Reduce Your Income Taxes by Itemizing Deductions...(Continue Reading)
Reduce Your Income Taxes by Itemizing Deductions
Reduce Your Income Taxes by Itemizing Deductions...(Continue Reading)
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Recommended Standard Deduction Site:
2005 Publication 501
standard deduction (if you do not itemize deduc-. You also use your filing status in … cannot take the standard deduction even if you were born …
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